Indices are reacting to overbought condition, all indices are giving up gains & heading south.
S&P 500 high today was 1333.47, this became a resistance point.
RSI has come down to 67.53
Internals are negative mostly.
Oil UP $1.26
Gold UP $26.20
Canadian $ UP 47 tick, 1 tick above US$
VIX UP 2.62% @ 18.79
In my portfolio :
Sold AMZN,CLF,RVBD
Portfolio RIMM
Exposure 30.98%
Most stocks are down
@ 2.06 following are UP :
RIMM,AMZN,RVBD,GOOG,CMG,TCK,FCX,OCZ,
AUY,GG,MPEL,MA,JCP,CIEN,FNSR,C,VMW,
OTEX,EGO,ABX,AEM,KGC,V,GS......
BLOG does NOT give buy or sell.
Saleem
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